![]() |
Under contract-accepting backup offers. Two-bedroom, one-bath home in Silver Springs with incredible potential. This property sits on a spacious lot with a new metal roof, a large chain-link fenced yard, and two storage sheds, offering plenty of space for outdoor projects, storage, or expansion. The home needs repairs but provides a solid foundation for a renovation, making it an excellent opportunity for an investor or a homeowner looking to add value.
Located in a peaceful area, this property is on well and septic, reducing utility costs. Its convenient location offers easy access to Silver Springs, Ocala, and surrounding areas, making it an ideal place for those who appreciate privacy while staying close to amenities.
This property is also part of a unique investment opportunity. There is an active commercial listing at 14499 FL-40, Silver Springs, a prime corner lot on a high-traffic highway with ample parking and multiple business possibilities. Additionally, there is a residential listing at 912 NE 144th Ct, Silver Springs, allowing the possibility of bundling all three properties together. Whether you are an investor looking for rental income, a business owner needing a live-work setup, or someone interested in owning multiple properties in this growing area, this is an opportunity worth exploring.
Do not miss the chance to customize this home to your needs or maximize its potential as part of a larger portfolio.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$85,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $68,000 | $68,000 | $68,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $85 | $85 | $85 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $430 | $447 | $569 |
Total Monthly Payment | $590 | $607 | $729 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.